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Bitcoin and Ethereum are now officially classified as commodities, says CFTC ChairBoth Bitcoin (BTC) and Ethereum (ETH) have been officially acknowledged as commodities by the Commodities Futures Trading Commission (CFTC) of the US during a hearing held by the Senate AG committee on digital commodities. Rostin Behnam, Chairman of the Commodity Futures Trading Commission, has verified that Bitcoin and Ethereum have been approved as digital commodities under the Commodity Exchange Act by a court in Illinois. In contrast to the statements made by SEC Chairman Gary Gensler in the past, which claimed that only Bitcoin constituted a commodity and that the majority of other tokens should be regulated as securities, this is in line with the position taken by the Commodity Futures Trading Commission (CFTC). The result of this is that enforcement measures have been taken against businesses like as Binance, Coinbase, Ripple, and Uniswap Labs. Behnam agreed that Bitcoin and digital assets require different approaches to cybersecurity and resilience compared to traditional assets in response to Senator Sherrod Brown’s inquiry about the lessons learned by the Commodity Futures Trading Commission (CFTC) from previous instances of cryptocurrency theft. Concerns were raised by Senator Cory Booker regarding market misuse, and he stressed the role that the Securities and Exchange Commission and the Commodity Futures Trading Commission play in addressing these issues. Behnam backed Senator Roger Marshall’s proposal that the Commodity Futures Trading Commission (CFTC) handle all regulation of digital assets, citing the CFTC’s experience as the reason. As retail interest in digital assets continues to develop in the absence of clear norms, Behnam projected that additional enforcement proceedings would be taken.

Bitcoin and Ethereum are now officially classified as commodities, says CFTC Chair

Both Bitcoin (BTC) and Ethereum (ETH) have been officially acknowledged as commodities by the Commodities Futures Trading Commission (CFTC) of the US during a hearing held by the Senate AG committee on digital commodities.
Rostin Behnam, Chairman of the Commodity Futures Trading Commission, has verified that Bitcoin and Ethereum have been approved as digital commodities under the Commodity Exchange Act by a court in Illinois.
In contrast to the statements made by SEC Chairman Gary Gensler in the past, which claimed that only Bitcoin constituted a commodity and that the majority of other tokens should be regulated as securities, this is in line with the position taken by the Commodity Futures Trading Commission (CFTC). The result of this is that enforcement measures have been taken against businesses like as Binance, Coinbase, Ripple, and Uniswap Labs.
Behnam agreed that Bitcoin and digital assets require different approaches to cybersecurity and resilience compared to traditional assets in response to Senator Sherrod Brown’s inquiry about the lessons learned by the Commodity Futures Trading Commission (CFTC) from previous instances of cryptocurrency theft.
Concerns were raised by Senator Cory Booker regarding market misuse, and he stressed the role that the Securities and Exchange Commission and the Commodity Futures Trading Commission play in addressing these issues.
Behnam backed Senator Roger Marshall’s proposal that the Commodity Futures Trading Commission (CFTC) handle all regulation of digital assets, citing the CFTC’s experience as the reason. As retail interest in digital assets continues to develop in the absence of clear norms, Behnam projected that additional enforcement proceedings would be taken.
Generate Passive Income with the MoonBag Referral: The Winning Bet Amidst Avalanche and Internet ComWhere do you turn in the face of volatile digital assets like Avalanche (AVAX) and Internet Computer (ICP)? As AVAX teeters on the brink of a bearish trend and ICP grapples with adoption uncertainties, investors are drawn to the MoonBag (MBAG) presale as a lighthouse of stability amidst the chaos.  With standout features like an 88% APY on staking, and a unique MoonBag referral program, this presale has gained huge traction and investors’ trust and raised over $3.3 million in under two months. Half the coins are already claimed, and the 6th stage is nearing the end. Now’s the time to navigate the crypto storms and chart a course to the MoonBag presale. Will Avalanche (AVAX) Break The Bearish Trend or Suffer Further Sell-Offs? Avalanche (AVAX) is standing at the brink of a crucial junction. Despite the crypto showcasing resilience by defending the $24 support, it still lurks beneath the ominous clouds of key EMAs, hinting at a bearish trend. AVAX could slip further if it fails to climb past the $33.5 resistance, if AVAX’s price drops below the $24 mark, it could spur additional sell-offs.  Amidst this chilly crypto weather, investors are seeking warmth in the MoonBag coin’s presale, enticed by unbeatable features a toasty 88% APY on staking and a tempting MoonBag referral programme that’s offering free cryptos and passive income. What’s Going On With Internet Computer (ICP)? With its grand aim to decentralise the Internet, create scalable applications, lower costs, and implement a decentralised governance system, Internet Computer (ICP) was initially well-received in the crypto world. Yet, its downside is equally significant as the internet computer crypto price has been highly volatile.  The technological complexity, the strong competition it faces, negative market sentiment, and its uncertain adoption are concerning aspects of the Internet Computer coin. However, amidst the unsettling waves of ICP, numerous investors are flocking towards the MoonBag coin presale. Boasting features like a whopping 88% APY on staking, sustainability, and more, the MoonBag coin seems to be the new haven for crypto enthusiasts! MoonBag Presale: Your Lunar Ladder to Cryptocurrency Prosperity! The MoonBag presale is more than just a mere coin offering; it’s a rocket ride to the moon of fortunes! Challenging the norms with its robust stability, this presale boasts a meticulously planned liquidity strategy, with a burn-and-buyback mechanism that is out of this world! Its transparent tokenomics, with clearly outlined coin allocation and team tokens locked in a cosmic vault, are designed to radiate trust.  Started less than 2 months ago, the presale is currently in its 6th stage, having already attracted over $3.3 Million. Savvy investors can seize the opportunity to buy 3,333.33 MBAG coins at just $0.0003, before the prices skyrocket with each presale stage, along with the potential for an 88% APY and a whopping ROI of 900% till the MBAG coin hits the market. It’s high time to board the spaceship before the countdown ends! Boost Your Profits with the MoonBag Referral Programme MoonBag referral programme is a sea of free cryptos and continuous cash inflow! Here’s the deal: if your mates purchase MBAG coins using your unique referral code, they’ll bag 50% more coins on top of their initial buy. As for you, the referrer, you get a shot at the leaderboard. The cherry on the cake is the top 20 referrers will get a 10% refund in USDC of the total money poured in through their referral code. It’s MoonBag crypto’s way of tipping their hat to the investors for blowing up the MoonBag crypto community!  And winners will be announced on MoonBag’s social platforms. Join now and let your wealth multiply! Want to get your hands on some MBAG Coins? It’s super easy: Navigate to the MoonBag Website.Make sure your Metamask or Trust wallet is ready and connect it.Top up your wallet with some ETH or any crypto you like.Confirm the purchase through your wallet to complete the purchase. There you go! Enjoy your sparkling $MBAG coins and stake them for huge returns! Conclusion As Avalanche (AVAX) wrestles with bearish trends and Internet Computer (ICP) endures adoption blues, the crypto community is turning bullish on the MoonBag (MBAG) presale. Lauded for unbeatable features like an 88% APY and stellar paybacks through the MoonBag referral program, this meme coin presale has the investors thrilled. Don’t miss the lunar ladder to prosperity; leap into the MoonBag presale before it’s too late! Invest in MoonBag Presale Now! Website: https://moonbag.org/ Presale: https://moonbag.org/presale Telegram: https://t.me/moonbag_official Twitter: https://twitter.com/moonbag_org Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Generate Passive Income with the MoonBag Referral: The Winning Bet Amidst Avalanche and Internet Com

Where do you turn in the face of volatile digital assets like Avalanche (AVAX) and Internet Computer (ICP)? As AVAX teeters on the brink of a bearish trend and ICP grapples with adoption uncertainties, investors are drawn to the MoonBag (MBAG) presale as a lighthouse of stability amidst the chaos. 
With standout features like an 88% APY on staking, and a unique MoonBag referral program, this presale has gained huge traction and investors’ trust and raised over $3.3 million in under two months. Half the coins are already claimed, and the 6th stage is nearing the end. Now’s the time to navigate the crypto storms and chart a course to the MoonBag presale.

Will Avalanche (AVAX) Break The Bearish Trend or Suffer Further Sell-Offs?
Avalanche (AVAX) is standing at the brink of a crucial junction. Despite the crypto showcasing resilience by defending the $24 support, it still lurks beneath the ominous clouds of key EMAs, hinting at a bearish trend. AVAX could slip further if it fails to climb past the $33.5 resistance, if AVAX’s price drops below the $24 mark, it could spur additional sell-offs. 

Amidst this chilly crypto weather, investors are seeking warmth in the MoonBag coin’s presale, enticed by unbeatable features a toasty 88% APY on staking and a tempting MoonBag referral programme that’s offering free cryptos and passive income.
What’s Going On With Internet Computer (ICP)?
With its grand aim to decentralise the Internet, create scalable applications, lower costs, and implement a decentralised governance system, Internet Computer (ICP) was initially well-received in the crypto world. Yet, its downside is equally significant as the internet computer crypto price has been highly volatile. 
The technological complexity, the strong competition it faces, negative market sentiment, and its uncertain adoption are concerning aspects of the Internet Computer coin. However, amidst the unsettling waves of ICP, numerous investors are flocking towards the MoonBag coin presale. Boasting features like a whopping 88% APY on staking, sustainability, and more, the MoonBag coin seems to be the new haven for crypto enthusiasts!
MoonBag Presale: Your Lunar Ladder to Cryptocurrency Prosperity!
The MoonBag presale is more than just a mere coin offering; it’s a rocket ride to the moon of fortunes! Challenging the norms with its robust stability, this presale boasts a meticulously planned liquidity strategy, with a burn-and-buyback mechanism that is out of this world! Its transparent tokenomics, with clearly outlined coin allocation and team tokens locked in a cosmic vault, are designed to radiate trust. 

Started less than 2 months ago, the presale is currently in its 6th stage, having already attracted over $3.3 Million. Savvy investors can seize the opportunity to buy 3,333.33 MBAG coins at just $0.0003, before the prices skyrocket with each presale stage, along with the potential for an 88% APY and a whopping ROI of 900% till the MBAG coin hits the market. It’s high time to board the spaceship before the countdown ends!
Boost Your Profits with the MoonBag Referral Programme
MoonBag referral programme is a sea of free cryptos and continuous cash inflow! Here’s the deal: if your mates purchase MBAG coins using your unique referral code, they’ll bag 50% more coins on top of their initial buy. As for you, the referrer, you get a shot at the leaderboard. The cherry on the cake is the top 20 referrers will get a 10% refund in USDC of the total money poured in through their referral code. It’s MoonBag crypto’s way of tipping their hat to the investors for blowing up the MoonBag crypto community!  And winners will be announced on MoonBag’s social platforms. Join now and let your wealth multiply!
Want to get your hands on some MBAG Coins? It’s super easy:
Navigate to the MoonBag Website.Make sure your Metamask or Trust wallet is ready and connect it.Top up your wallet with some ETH or any crypto you like.Confirm the purchase through your wallet to complete the purchase.
There you go! Enjoy your sparkling $MBAG coins and stake them for huge returns!
Conclusion
As Avalanche (AVAX) wrestles with bearish trends and Internet Computer (ICP) endures adoption blues, the crypto community is turning bullish on the MoonBag (MBAG) presale. Lauded for unbeatable features like an 88% APY and stellar paybacks through the MoonBag referral program, this meme coin presale has the investors thrilled. Don’t miss the lunar ladder to prosperity; leap into the MoonBag presale before it’s too late!

Invest in MoonBag Presale Now!
Website: https://moonbag.org/
Presale: https://moonbag.org/presale
Telegram: https://t.me/moonbag_official
Twitter: https://twitter.com/moonbag_org

Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Top 5 Altcoins To Buy Before Bull Run to Make $1MThe crypto market is in a state of calm, poised on the brink of what many predict will be the next big bull run. Altcoins, while currently at lows, are seen as ticking time bombs ready to explode in value at any moment. With keen market observers keeping a close eye, the potential for massive gains is palpable. Knowing which altcoins to invest in before the surge can make the difference between a modest profit and striking it rich. This article unveils the top 5 altcoins poised for significant growth, offering insights into which digital currencies could potentially turn a modest investment into $1M. CYBRO Presale Achieves $1 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1 million. This cutting-edge platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program active until July 15, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. >>>Join CYBRO and aim for future returns up to 1200%<<< Blast (BLAST) Primed for Big Gains Amid Market Fluctuations Blast (BLAST) has shown resilience despite recent market dumps, with its price hovering between $3.01 and $4.71. Bears may seem to have the upper hand for now, but the coin’s impressive growth of over 466% in the past month suggests strong potential for a bull run. The nearest resistance level at $5.42 is within reach and surpassing this could push prices toward $7.12, marking a potential growth of roughly 50%. Support at $2.02 shows strong buying interest, so keep an eye on these levels. Arbitrum (ARB) Shows Signs of Rebound Amid Bullish Patterns Arbitrum (ARB) currently trades in the $0.54 to $0.79 range, near its 10-day simple moving average of $0.71. Despite recent dips, trends show potential for growth. If ARB breaks its nearest resistance at $0.93, it could rise towards the second resistance level at $1.18, marking a potential increase of over 60% from current prices. The Relative Strength Index at 59.06 suggests the coin isn’t oversold, hinting at more upward movement. Effective support stands at $0.43, providing a buffer against further drops. With patterns reminiscent of 2021’s bull run, ARB may soon see significant gains. LayerZero (ZRO) Poised for Potential Bull Run LayerZero (ZRO) shows promising signs of growth. Despite recent market dips, its price has bounced back impressively, currently trading between $3.00 and $4.71. Bulls are making their presence felt as the coin has seen nearly 12% growth in the past week and an astounding 297% surge in the last month and six months. With the nearest resistance at $5.43 and support at $2.01, breaking through the $5.43 mark could push ZRO towards the next level of $7.13, offering a potential gain of over 50%. If the current bullish trend continues, LayerZero could become a shining star in the altcoin season. Sui (SUI) Show Signs of a Bullish Revival amid Price Consolidation Sui (SUI) is currently trading in the $0.53 to $0.79 range, showing a mix of bullish and bearish signs. The Relative Strength Index (RSI) at 58.47, paired with a high Stochastic value of 82.47, indicates that bulls are gaining strength. Despite a 27% drop over the past month, the token has been holding above the $0.43 support level. If SUI breaks the $0.94 resistance, we could see it rising to $1.20, a potential 50% increase from its current price. The 10-day and 100-day averages suggest steady support, making SUI a good candidate for a breakout as it consolidates for the next bull run. Conclusion BLAST, ARB, ZRO, and SUI may show less potential in the short-term. CYBRO, a technologically advanced DeFi platform, provides unmatched opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. CYBRO’s features include lucrative staking rewards, exclusive airdrops, and cashback on purchases. It ensures a superior user experience with seamless deposits and withdrawals. With a focus on transparency, compliance, and quality, CYBRO stands out as a promising project. It has strong interest from crypto whales and influencers. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Top 5 Altcoins To Buy Before Bull Run to Make $1M

The crypto market is in a state of calm, poised on the brink of what many predict will be the next big bull run. Altcoins, while currently at lows, are seen as ticking time bombs ready to explode in value at any moment. With keen market observers keeping a close eye, the potential for massive gains is palpable. Knowing which altcoins to invest in before the surge can make the difference between a modest profit and striking it rich. This article unveils the top 5 altcoins poised for significant growth, offering insights into which digital currencies could potentially turn a modest investment into $1M.
CYBRO Presale Achieves $1 Million Milestone: A One-in-a-Million Investment Opportunity
CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1 million. This cutting-edge platform offers investors unparalleled opportunities to maximize their earnings in any market condition.
Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program active until July 15, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.
With only 21% of the total tokens available for this presale and approximately 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.
>>>Join CYBRO and aim for future returns up to 1200%<<<
Blast (BLAST) Primed for Big Gains Amid Market Fluctuations
Blast (BLAST) has shown resilience despite recent market dumps, with its price hovering between $3.01 and $4.71. Bears may seem to have the upper hand for now, but the coin’s impressive growth of over 466% in the past month suggests strong potential for a bull run. The nearest resistance level at $5.42 is within reach and surpassing this could push prices toward $7.12, marking a potential growth of roughly 50%. Support at $2.02 shows strong buying interest, so keep an eye on these levels.
Arbitrum (ARB) Shows Signs of Rebound Amid Bullish Patterns
Arbitrum (ARB) currently trades in the $0.54 to $0.79 range, near its 10-day simple moving average of $0.71. Despite recent dips, trends show potential for growth. If ARB breaks its nearest resistance at $0.93, it could rise towards the second resistance level at $1.18, marking a potential increase of over 60% from current prices. The Relative Strength Index at 59.06 suggests the coin isn’t oversold, hinting at more upward movement. Effective support stands at $0.43, providing a buffer against further drops. With patterns reminiscent of 2021’s bull run, ARB may soon see significant gains.
LayerZero (ZRO) Poised for Potential Bull Run
LayerZero (ZRO) shows promising signs of growth. Despite recent market dips, its price has bounced back impressively, currently trading between $3.00 and $4.71. Bulls are making their presence felt as the coin has seen nearly 12% growth in the past week and an astounding 297% surge in the last month and six months. With the nearest resistance at $5.43 and support at $2.01, breaking through the $5.43 mark could push ZRO towards the next level of $7.13, offering a potential gain of over 50%. If the current bullish trend continues, LayerZero could become a shining star in the altcoin season.
Sui (SUI) Show Signs of a Bullish Revival amid Price Consolidation
Sui (SUI) is currently trading in the $0.53 to $0.79 range, showing a mix of bullish and bearish signs. The Relative Strength Index (RSI) at 58.47, paired with a high Stochastic value of 82.47, indicates that bulls are gaining strength. Despite a 27% drop over the past month, the token has been holding above the $0.43 support level. If SUI breaks the $0.94 resistance, we could see it rising to $1.20, a potential 50% increase from its current price. The 10-day and 100-day averages suggest steady support, making SUI a good candidate for a breakout as it consolidates for the next bull run.
Conclusion
BLAST, ARB, ZRO, and SUI may show less potential in the short-term. CYBRO, a technologically advanced DeFi platform, provides unmatched opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. CYBRO’s features include lucrative staking rewards, exclusive airdrops, and cashback on purchases. It ensures a superior user experience with seamless deposits and withdrawals. With a focus on transparency, compliance, and quality, CYBRO stands out as a promising project. It has strong interest from crypto whales and influencers.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io

Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
An EtherFi whale dumps ETHFI tokens worth over $1.8 millionEtherFi (ETHFI), an Ethereum-related token, experienced significant price drops in the last 24 hours after a wallet dumped 880 tokens worth $1.87 million onto the Binance platform. The wallet, identified as “0x57C,” had previously received 10 million EtherFi tokens from the Etherfi team three months ago. The wallet now holds 8.82 million EtherFi tokens, worth around $18.43 million. EtherFi showed a 6% daily decline in price, with a high of $2.2759 in the last 24 hours and an intra-day low of $2.0568. The token’s trading volume also showed a daily decline of 6.51%. The EtherFi token, launched in March 2024, has consolidated prices around $3.00 to $4.00 levels since its initial price rally. However, the past week saw further price declines, driving the token to trade below $3.00, fueled by selling pressure in the market. After the bearish trend, the token and other cryptocurrencies showed signs of recovery, with prices climbing to weekly highs of $2.243 on July 8. However, the following days saw bearish movements, while leading cryptocurrencies in the overall market showed signs of bullish trends.

An EtherFi whale dumps ETHFI tokens worth over $1.8 million

EtherFi (ETHFI), an Ethereum-related token, experienced significant price drops in the last 24 hours after a wallet dumped 880 tokens worth $1.87 million onto the Binance platform.
The wallet, identified as “0x57C,” had previously received 10 million EtherFi tokens from the Etherfi team three months ago. The wallet now holds 8.82 million EtherFi tokens, worth around $18.43 million.
EtherFi showed a 6% daily decline in price, with a high of $2.2759 in the last 24 hours and an intra-day low of $2.0568. The token’s trading volume also showed a daily decline of 6.51%.
The EtherFi token, launched in March 2024, has consolidated prices around $3.00 to $4.00 levels since its initial price rally. However, the past week saw further price declines, driving the token to trade below $3.00, fueled by selling pressure in the market.
After the bearish trend, the token and other cryptocurrencies showed signs of recovery, with prices climbing to weekly highs of $2.243 on July 8. However, the following days saw bearish movements, while leading cryptocurrencies in the overall market showed signs of bullish trends.
FTX disputes the $264 million claim by Jump Trading over SRM tokensFTX exchange is contesting a $264 million claim by Jump Trading subsidiary Tai Mo Shan for 800 million Serum (SRM) tokens obtained through a loan agreement with Alameda Research. The collapse of FTX in 2022 led to the decline of Serum, a decentralized exchange that used SRM as its native cryptocurrency. Jump Trading seeks compensation using an options model considering SRM’s market price, volatility, and other financial factors. FTX’s legal team argues that Alameda Research failed to fulfill the loan agreement by not delivering the SRM tokens, denying Tai Mo Shan’s claim. FTX disputes the $264 million damages amount, arguing that it has a solid basis and is not clearly defined. The options model technique used by Jump Trading has been called into question, and suspicions of fraudulent transfers are also raised. The exchange is formulating a liquidation strategy to compensate exchange clients amid ongoing legal disputes.

FTX disputes the $264 million claim by Jump Trading over SRM tokens

FTX exchange is contesting a $264 million claim by Jump Trading subsidiary Tai Mo Shan for 800 million Serum (SRM) tokens obtained through a loan agreement with Alameda Research.
The collapse of FTX in 2022 led to the decline of Serum, a decentralized exchange that used SRM as its native cryptocurrency. Jump Trading seeks compensation using an options model considering SRM’s market price, volatility, and other financial factors.
FTX’s legal team argues that Alameda Research failed to fulfill the loan agreement by not delivering the SRM tokens, denying Tai Mo Shan’s claim. FTX disputes the $264 million damages amount, arguing that it has a solid basis and is not clearly defined.
The options model technique used by Jump Trading has been called into question, and suspicions of fraudulent transfers are also raised. The exchange is formulating a liquidation strategy to compensate exchange clients amid ongoing legal disputes.
Goldman Sachs will launch three tokenization projects in 2024Goldman Sachs is set to launch three tokenization projects in 2024, focusing on institutional clients and asset diversification. These projects will use private blockchains for compliance and transaction speed, setting Goldman Sachs apart from competitors. The bank’s head of digital assets, Mathew McDermott, aims to create marketplaces for tokenized assets, enhance transaction speeds, and diversify collateral types. The initial projects will target the US market, focusing on the US fund complex and European debt issuance. Goldman Sachs will focus on public blockchains and target retail customers, leveraging increasing market liquidity driven by the introduction of Bitcoin and Ethereum ETFs in the US. Other major financial institutions, such as JPMorgan and Citi, are also investing in tokenization technologies. The approval of Bitcoin spot ETFs in January has made RWA tokenization one of the most optimistic trends in 2024. This development could transform capital markets and drive innovation, attracting significant interest from industry leaders. Projects like Decentralized ETF (DETF) and other crypto-native initiatives have been working on tokenization and RWA development for years. RWA tokenization involves converting tangible assets like bonds, real estate, and debt into digital tokens on blockchain networks. The growing potential of tokenized assets has gained mainstream attention, with BlackRock’s tokenized US treasury, BUIDL, becoming the largest tokenized fund in the market.

Goldman Sachs will launch three tokenization projects in 2024

Goldman Sachs is set to launch three tokenization projects in 2024, focusing on institutional clients and asset diversification. These projects will use private blockchains for compliance and transaction speed, setting Goldman Sachs apart from competitors.
The bank’s head of digital assets, Mathew McDermott, aims to create marketplaces for tokenized assets, enhance transaction speeds, and diversify collateral types. The initial projects will target the US market, focusing on the US fund complex and European debt issuance.
Goldman Sachs will focus on public blockchains and target retail customers, leveraging increasing market liquidity driven by the introduction of Bitcoin and Ethereum ETFs in the US. Other major financial institutions, such as JPMorgan and Citi, are also investing in tokenization technologies.
The approval of Bitcoin spot ETFs in January has made RWA tokenization one of the most optimistic trends in 2024. This development could transform capital markets and drive innovation, attracting significant interest from industry leaders. Projects like Decentralized ETF (DETF) and other crypto-native initiatives have been working on tokenization and RWA development for years.
RWA tokenization involves converting tangible assets like bonds, real estate, and debt into digital tokens on blockchain networks. The growing potential of tokenized assets has gained mainstream attention, with BlackRock’s tokenized US treasury, BUIDL, becoming the largest tokenized fund in the market.
Former FTX exchange executives will be sentenced after pleading guiltyTwo former FTX executives, Nishad Singh and Gary Wang, will be sentenced in New York this fall. Singh, a former Director of Engineering, pleaded guilty to four federal charges in February 2023, testifying that Alameda Research took billions from FTX under Bankman-Fried’s orders. Wang, a former Chief Technology Officer, pleaded guilty to fraud and conspiracy in December 2022, testifying against Bankman-Fried. He revealed he gave Alameda Research special advantages, leading to an $8 billion shortfall that contributed to FTX’s collapse in 2022. This update comes six weeks after Ryan Salame, another former FTX associate, was sentenced to 7.5 years in prison for campaign finance violations and operating an unlicensed money-transmitting business. Salame’s minimal cooperation led to a harsher sentence, while Singh and Wang’s extensive cooperation is expected to result in more lenient sentences, although they still face significant prison time. Similar to Singh and Wang, Caroline Ellison, former CEO of Alameda Research, has not yet been scheduled for sentencing. Her cooperation and testimony against Bankman-Fried will likely influence her sentencing, similar to Singh and Wang. The sentencing of these former executives is a key moment in the fallout from FTX’s collapse, as their cooperation has been vital in revealing the complexities of the fraud led by Bankman-Fried. Bankman-Fried family is also embroiled in a $100 million financial scandal, which revolves around the misuse of commercial assets of the exchange for the purpose of making political contributions.

Former FTX exchange executives will be sentenced after pleading guilty

Two former FTX executives, Nishad Singh and Gary Wang, will be sentenced in New York this fall. Singh, a former Director of Engineering, pleaded guilty to four federal charges in February 2023, testifying that Alameda Research took billions from FTX under Bankman-Fried’s orders.
Wang, a former Chief Technology Officer, pleaded guilty to fraud and conspiracy in December 2022, testifying against Bankman-Fried. He revealed he gave Alameda Research special advantages, leading to an $8 billion shortfall that contributed to FTX’s collapse in 2022.
This update comes six weeks after Ryan Salame, another former FTX associate, was sentenced to 7.5 years in prison for campaign finance violations and operating an unlicensed money-transmitting business.
Salame’s minimal cooperation led to a harsher sentence, while Singh and Wang’s extensive cooperation is expected to result in more lenient sentences, although they still face significant prison time.
Similar to Singh and Wang, Caroline Ellison, former CEO of Alameda Research, has not yet been scheduled for sentencing. Her cooperation and testimony against Bankman-Fried will likely influence her sentencing, similar to Singh and Wang.
The sentencing of these former executives is a key moment in the fallout from FTX’s collapse, as their cooperation has been vital in revealing the complexities of the fraud led by Bankman-Fried.
Bankman-Fried family is also embroiled in a $100 million financial scandal, which revolves around the misuse of commercial assets of the exchange for the purpose of making political contributions.
Are Shiba Inu (SHIB) developers ditching the project?Shiba Inu meme coin has been secretly led by its founder, Ryoshi, and current Lead Developer, Shytoshi Kusama. Kusama has hinted that he might step down, as part of future plans for the Shiba Inu community. The project is planning a tour to several locations, starting in Kyoto, Japan, called the “Treat Yourself” tour, which is linked to the upcoming TREAT token launch. The tour is part of broader efforts to realize Ryoshi’s vision for Shiba Inu. Another key development is introducing fully homomorphic encryption for SHIB holders through the Zama AI encryption system, aiming to improve security and privacy in SHIB transactions. The team will also host “SHIBACON 2024” in Thailand, marking Kusama’s eventual withdrawal from leadership. Ryoshi stayed anonymous despite Shiba Inu’s popularity, deleting all social media and online history to maintain anonymity. This parallel adds intrigue to Shiba Inu’s leadership changes and highlights the project’s focus on decentralization. Kusama’s hinted departure aims to ensure Shiba Inu remains decentralized and leaderless, empowering the community to lead the project forward, aligning with the vision of a self-sustaining ecosystem that thrives independently.

Are Shiba Inu (SHIB) developers ditching the project?

Shiba Inu meme coin has been secretly led by its founder, Ryoshi, and current Lead Developer, Shytoshi Kusama. Kusama has hinted that he might step down, as part of future plans for the Shiba Inu community.
The project is planning a tour to several locations, starting in Kyoto, Japan, called the “Treat Yourself” tour, which is linked to the upcoming TREAT token launch. The tour is part of broader efforts to realize Ryoshi’s vision for Shiba Inu.
Another key development is introducing fully homomorphic encryption for SHIB holders through the Zama AI encryption system, aiming to improve security and privacy in SHIB transactions. The team will also host “SHIBACON 2024” in Thailand, marking Kusama’s eventual withdrawal from leadership.
Ryoshi stayed anonymous despite Shiba Inu’s popularity, deleting all social media and online history to maintain anonymity. This parallel adds intrigue to Shiba Inu’s leadership changes and highlights the project’s focus on decentralization.
Kusama’s hinted departure aims to ensure Shiba Inu remains decentralized and leaderless, empowering the community to lead the project forward, aligning with the vision of a self-sustaining ecosystem that thrives independently.
JUST IN: Spot #Ether ETFs are coming, with the US SEC ruling maybe as soon as this week or next, says CNBC. $ETH
JUST IN: Spot #Ether ETFs are coming, with the US SEC ruling maybe as soon as this week or next, says CNBC. $ETH
Tron Network plans to introduce gas-free stablecoin transfers by Q4Tron founder Justin Sun has announced the development of a system to enable gas-free peer-to-peer (P2P) stablecoin transfers. This feature will cover the cost of transfers by the stablecoins themselves, eliminating gas fees for users. The feature will first be implemented on the Tron blockchain, with future support planned for Ethereum and all Ethereum Virtual Machine (EVM) compatible networks. Sun expects the launch in the fourth quarter of 2024. According to blockchain analytics firm Artemis, Tron has seen consistent growth in all stablecoin metrics, with its circulating supply reaching an all-time high of $60 billion. Tron leads in P2P stablecoin transfers, surpassing Ethereum by two to three times. This data suggests Tron is facilitating more payments and money transfers than decentralized finance (DeFi) activities. Tron’s innovation in gasless transfers could challenge PayPal’s stablecoin PYUSD, which allows free cross-border stablecoin transfers for certain U.S. users. Another competitor could be Circle’s USD Coin (USDC), the second-largest stablecoin after Tether (USDT). USDC transfers are already gasless on Ethereum layer 2 blockchain Base, developed by Circle, and can be conducted using the Coinbase wallet. Tron is also considering developing a Bitcoin layer 2 network to support a wrapped version of Tether, potentially bringing millions of dollars into the Bitcoin ecosystem. Sun’s announcement follows the recent decision by Circle and Binance to stop supporting USDC on the Tron network. The potential of gasless stablecoin transfers on the Tron network aligns with the broader trend of reducing transaction costs in the crypto space. By making transactions cheaper and more efficient, it could encourage more businesses to integrate blockchain into their operations, driving further innovation and growth in the sector.

Tron Network plans to introduce gas-free stablecoin transfers by Q4

Tron founder Justin Sun has announced the development of a system to enable gas-free peer-to-peer (P2P) stablecoin transfers. This feature will cover the cost of transfers by the stablecoins themselves, eliminating gas fees for users.
The feature will first be implemented on the Tron blockchain, with future support planned for Ethereum and all Ethereum Virtual Machine (EVM) compatible networks. Sun expects the launch in the fourth quarter of 2024.
According to blockchain analytics firm Artemis, Tron has seen consistent growth in all stablecoin metrics, with its circulating supply reaching an all-time high of $60 billion. Tron leads in P2P stablecoin transfers, surpassing Ethereum by two to three times. This data suggests Tron is facilitating more payments and money transfers than decentralized finance (DeFi) activities.
Tron’s innovation in gasless transfers could challenge PayPal’s stablecoin PYUSD, which allows free cross-border stablecoin transfers for certain U.S. users.
Another competitor could be Circle’s USD Coin (USDC), the second-largest stablecoin after Tether (USDT). USDC transfers are already gasless on Ethereum layer 2 blockchain Base, developed by Circle, and can be conducted using the Coinbase wallet.
Tron is also considering developing a Bitcoin layer 2 network to support a wrapped version of Tether, potentially bringing millions of dollars into the Bitcoin ecosystem. Sun’s announcement follows the recent decision by Circle and Binance to stop supporting USDC on the Tron network.
The potential of gasless stablecoin transfers on the Tron network aligns with the broader trend of reducing transaction costs in the crypto space. By making transactions cheaper and more efficient, it could encourage more businesses to integrate blockchain into their operations, driving further innovation and growth in the sector.
Fake Bitcoin founder Craig Wright ordered to pay £1.548 millionDr. Craig Wright has been subjected to a Worldwide Freezing Order (WFO) by the UK High Court, which prohibits him from transferring his assets until he settles his outstanding legal expenses of £1.548 million owed to Peter McCormack. The WFO originates from a defamation lawsuit in which Wright, who asserted to be the founder of Bitcoin, was shown to have provided false testimony. The controversy originated in 2022 when Wright initiated legal proceedings against McCormack, a host of a crypto podcast, on the grounds of defamation. Wright accused McCormack of defaming him through social media posts and YouTube videos, where he was accused of making false claims about being Satoshi Nakamoto, the founder of Bitcoin. The court first recognized that McCormack’s words caused harm to Wright’s reputation, but granted him a mere £1 in nominal damages as a result of Wright’s deceitful conduct, which included the use of counterfeit evidence. The court mandated that Wright compensate McCormack with a sum of £1.548 million ($1.9 million) to account for legal expenses. The court claimed that the lawsuit should not have been undertaken, as it was founded on falsehoods and counterfeit records. The establishment of the WFO (Worldwide Fund for Orphans) is a momentous triumph for McCormack and the crypto community. This achievement is particularly noteworthy considering Wright’s contentious reputation and his tendency to litigate against anybody who dispute his assertion of being Satoshi Nakamoto. This case highlights the significance of integrity in judicial proceedings, particularly in high-stakes defamation claims involving prominent individuals in the cryptocurrency industry.

Fake Bitcoin founder Craig Wright ordered to pay £1.548 million

Dr. Craig Wright has been subjected to a Worldwide Freezing Order (WFO) by the UK High Court, which prohibits him from transferring his assets until he settles his outstanding legal expenses of £1.548 million owed to Peter McCormack.
The WFO originates from a defamation lawsuit in which Wright, who asserted to be the founder of Bitcoin, was shown to have provided false testimony. The controversy originated in 2022 when Wright initiated legal proceedings against McCormack, a host of a crypto podcast, on the grounds of defamation.
Wright accused McCormack of defaming him through social media posts and YouTube videos, where he was accused of making false claims about being Satoshi Nakamoto, the founder of Bitcoin.
The court first recognized that McCormack’s words caused harm to Wright’s reputation, but granted him a mere £1 in nominal damages as a result of Wright’s deceitful conduct, which included the use of counterfeit evidence.
The court mandated that Wright compensate McCormack with a sum of £1.548 million ($1.9 million) to account for legal expenses. The court claimed that the lawsuit should not have been undertaken, as it was founded on falsehoods and counterfeit records. The establishment of the WFO (Worldwide Fund for Orphans) is a momentous triumph for McCormack and the crypto community.
This achievement is particularly noteworthy considering Wright’s contentious reputation and his tendency to litigate against anybody who dispute his assertion of being Satoshi Nakamoto. This case highlights the significance of integrity in judicial proceedings, particularly in high-stakes defamation claims involving prominent individuals in the cryptocurrency industry.
Bitcoin miners face profitability challenges due to rising production costs, forcing many to shut doBitcoin miners are struggling with increasing production expenses and unpredictable Bitcoin prices, which hinders their ability to generate profits. The mean expense of extracting a single Bitcoin amounted to $83,668, however, it experienced a marginal decline to approximately $72,000 by July 2nd. The exorbitant expenses associated with mining have posed a significant challenge for numerous miners to maintain profitability, particularly given the fact that Bitcoin prices are in close proximity to these production costs. According to CoinShares data, the price of Bitcoin was close to the average cost of production during the April halving event. Out of the 14 miners, half of them had expenses that were higher than the average. F2Pool has verified that only ASIC computers with an efficiency of over 23 W/T were generating profits as of July 4th. In order to generate profit, other machines required Bitcoin prices to exceed $51,456. On July 5, there was a significant decrease in mining difficulty. This could potentially increase the profitability of additional machines, specifically ASICs with a unit power of 26 W/T or below. It is anticipated that these machines would become viable if the price of Bitcoin reaches $54,000. According to recent estimates, Bitcoin miners are approaching levels of surrender, where they are shutting down machines that are not making a profit and selling around 30,000 BTC, which is worth $2 billion, in the previous month. According to Con Kolivas from Solo CKPool, miners who are not making enough profit are either shutting down unproductive computers or exiting the sector. A considerable number of miners persisted for a longer duration than anticipated, with the anticipation of a substantial price surge that would offset their expenses. The Bitcoin mining sector is confronted with significant economic obstacles as a result of exorbitant production expenses and unpredictable Bitcoin pricing.

Bitcoin miners face profitability challenges due to rising production costs, forcing many to shut do

Bitcoin miners are struggling with increasing production expenses and unpredictable Bitcoin prices, which hinders their ability to generate profits. The mean expense of extracting a single Bitcoin amounted to $83,668, however, it experienced a marginal decline to approximately $72,000 by July 2nd.
The exorbitant expenses associated with mining have posed a significant challenge for numerous miners to maintain profitability, particularly given the fact that Bitcoin prices are in close proximity to these production costs.
According to CoinShares data, the price of Bitcoin was close to the average cost of production during the April halving event. Out of the 14 miners, half of them had expenses that were higher than the average.
F2Pool has verified that only ASIC computers with an efficiency of over 23 W/T were generating profits as of July 4th. In order to generate profit, other machines required Bitcoin prices to exceed $51,456. On July 5, there was a significant decrease in mining difficulty.
This could potentially increase the profitability of additional machines, specifically ASICs with a unit power of 26 W/T or below. It is anticipated that these machines would become viable if the price of Bitcoin reaches $54,000.
According to recent estimates, Bitcoin miners are approaching levels of surrender, where they are shutting down machines that are not making a profit and selling around 30,000 BTC, which is worth $2 billion, in the previous month.
According to Con Kolivas from Solo CKPool, miners who are not making enough profit are either shutting down unproductive computers or exiting the sector. A considerable number of miners persisted for a longer duration than anticipated, with the anticipation of a substantial price surge that would offset their expenses.
The Bitcoin mining sector is confronted with significant economic obstacles as a result of exorbitant production expenses and unpredictable Bitcoin pricing.
Dogecoin (DOGE) and Shiba Inu (SHIB) recover by 11% and 16% in the last 24 hoursBitcoin (BTC) has experienced a substantial increase in value, reaching the $56,500 range, indicating a notable rebound in the worldwide cryptocurrency market. The upward trend in the market has had a beneficial effect on almost all crypto, resulting in significant gains across the whole spectrum. Dogecoin (DOGE) and Shiba Inu (SHIB) have had substantial recoveries following an extended period of decline. DOGE, which experienced a 23% decrease on July 5th, has currently rebounded by 12%, reaching the $0.1097 level once again. DOGE is now being traded at a price of $0.1091. It has a market capitalization of over $15 billion, which accounts for 0.79% of the total global cryptocurrency market. Nevertheless, the daily trading volume of the asset has experienced over 40% decline, reaching a value of $1 billion. The hourly chart for DOGE shows a bullish pattern in the simple moving average (SMA) trend, assuming the momentum persists. Shiba Inu token has had a significant increase, with its value jumping by 16.2% from $0.00001355 to $0.00001572. Additionally, its market capitalization has grown by over 15% to reach over $9 billion. Nevertheless, the daily trading volume of SHIB has experienced a 28% decline, currently amounting to $368 million.

Dogecoin (DOGE) and Shiba Inu (SHIB) recover by 11% and 16% in the last 24 hours

Bitcoin (BTC) has experienced a substantial increase in value, reaching the $56,500 range, indicating a notable rebound in the worldwide cryptocurrency market. The upward trend in the market has had a beneficial effect on almost all crypto, resulting in significant gains across the whole spectrum.
Dogecoin (DOGE) and Shiba Inu (SHIB) have had substantial recoveries following an extended period of decline. DOGE, which experienced a 23% decrease on July 5th, has currently rebounded by 12%, reaching the $0.1097 level once again.
DOGE is now being traded at a price of $0.1091. It has a market capitalization of over $15 billion, which accounts for 0.79% of the total global cryptocurrency market. Nevertheless, the daily trading volume of the asset has experienced over 40% decline, reaching a value of $1 billion.
The hourly chart for DOGE shows a bullish pattern in the simple moving average (SMA) trend, assuming the momentum persists. Shiba Inu token has had a significant increase, with its value jumping by 16.2% from $0.00001355 to $0.00001572.
Additionally, its market capitalization has grown by over 15% to reach over $9 billion. Nevertheless, the daily trading volume of SHIB has experienced a 28% decline, currently amounting to $368 million.
Analyst warns that Bitcoin (BTC) is at risk of falling even further if a major support level crumbleCryptocurrency analyst Jason Pizzino warns that Bitcoin (BTC) is at risk of falling further if a major support level collapses. Pizzino believes that the Bitcoin support level at around $44,600 must hold to avoid a collapse that could see the flagship crypto asset revisiting prices last recorded in early 2023. If the level falls below $44,600, it is likely to be close to a curse, with prices under $40,000. If it goes to $40,000 and closes under there, the cycle is over, and Bitcoin may test the $30,000s and $20,000s. However, Pizzino believes that Bitcoin could still resume an uptrend if it stays above the bull market support level. He shares a chart suggesting that BTC may move back above $60,000 by November of this year. Also, Robert Kiyosaki, a renowned finance author, predicts that Bitcoin (BTC) will experience its biggest crash yet before enjoying a long-term bull cycle. Kiyosaki believes that after the crash, investors will be rewarded with a multi-year bull market cycle, starting in late 2025 and raising prices for years. He believes that after assets crash, precious metals and stores of value, such as gold, silver, and BTC, will dominate and hit new all-time highs as fiat currency value continues to dwindle. Kiyosaki believes that this long-cycle bull market is coming because faith and confidence in fake money is dissolving, and history will repeat, as seen with Germany’s Reichsmark and the Zimbabwe dollar. He believes that after the crash, gold, silver, and Bitcoin will once again begin climbing to hit all-time highs, with gold potentially at $15,000 an ounce, silver at $110.00 an ounce, and Bitcoin at $10 million per coin.

Analyst warns that Bitcoin (BTC) is at risk of falling even further if a major support level crumble

Cryptocurrency analyst Jason Pizzino warns that Bitcoin (BTC) is at risk of falling further if a major support level collapses. Pizzino believes that the Bitcoin support level at around $44,600 must hold to avoid a collapse that could see the flagship crypto asset revisiting prices last recorded in early 2023.
If the level falls below $44,600, it is likely to be close to a curse, with prices under $40,000. If it goes to $40,000 and closes under there, the cycle is over, and Bitcoin may test the $30,000s and $20,000s.
However, Pizzino believes that Bitcoin could still resume an uptrend if it stays above the bull market support level. He shares a chart suggesting that BTC may move back above $60,000 by November of this year.
Also, Robert Kiyosaki, a renowned finance author, predicts that Bitcoin (BTC) will experience its biggest crash yet before enjoying a long-term bull cycle. Kiyosaki believes that after the crash, investors will be rewarded with a multi-year bull market cycle, starting in late 2025 and raising prices for years.
He believes that after assets crash, precious metals and stores of value, such as gold, silver, and BTC, will dominate and hit new all-time highs as fiat currency value continues to dwindle.
Kiyosaki believes that this long-cycle bull market is coming because faith and confidence in fake money is dissolving, and history will repeat, as seen with Germany’s Reichsmark and the Zimbabwe dollar.
He believes that after the crash, gold, silver, and Bitcoin will once again begin climbing to hit all-time highs, with gold potentially at $15,000 an ounce, silver at $110.00 an ounce, and Bitcoin at $10 million per coin.
Provider of hardware wallet solutions Tangem AG announces a partnership with VisaTangem AG, a global provider of secure hardware wallet solutions, has partnered with Visa to create an innovative self-custodial payment solution for hardware wallets. The partnership allows Tangem users to make seamless payments using their crypto or stablecoin balance at Visa-accepting merchant locations. The technology will be accessible via a Tangem Visa card across Europe and will also be made available to other issuers for their own customers. Tangem’s card embeds a private key within the chip and requires the physical card’s use in every transaction, ensuring users maintain exclusive control over their assets. Visa’s Vice President, Head of Crypto, Cuy Sheffield, expressed excitement about the partnership and its potential to drive the creation of next-gen payment solutions. Tangem co-founder and CEO, Andrey Kurennykh, expressed delight at the partnership, stating that users will get a two-in-one solution – the convenience of a regular bank card and the capabilities of a self-custodial crypto wallet, all in one card.

Provider of hardware wallet solutions Tangem AG announces a partnership with Visa

Tangem AG, a global provider of secure hardware wallet solutions, has partnered with Visa to create an innovative self-custodial payment solution for hardware wallets. The partnership allows Tangem users to make seamless payments using their crypto or stablecoin balance at Visa-accepting merchant locations.
The technology will be accessible via a Tangem Visa card across Europe and will also be made available to other issuers for their own customers. Tangem’s card embeds a private key within the chip and requires the physical card’s use in every transaction, ensuring users maintain exclusive control over their assets.
Visa’s Vice President, Head of Crypto, Cuy Sheffield, expressed excitement about the partnership and its potential to drive the creation of next-gen payment solutions.
Tangem co-founder and CEO, Andrey Kurennykh, expressed delight at the partnership, stating that users will get a two-in-one solution – the convenience of a regular bank card and the capabilities of a self-custodial crypto wallet, all in one card.
Despite market crash, retail investors’ support helps keep ONDO’s price stableONDO crypto is currently holding just above the $1.08 support level, having tested this point three times in the last two weeks. Whales have been selling off large amounts of ONDO, with over $141 million worth sold in a single day. However, retail investors are helping to stabilize the price by holding onto their tokens. Retail investors, focused on holding (HODLing) rather than selling, have increased their mid-term holdings, with the percentage of mid-term holders rising from 34% to 72%. This shift in investor behavior has helped ONDO stay above the critical support level, leading to a period of price consolidation. Over the last two weeks, ONDO has consistently tested but not fallen below the $1.07 support level. Retail investors’ support suggests that ONDO’s price might remain stable and possibly rebound from this level. However, the risk of a price drop persists if whales continue to sell. A further sell-off could push ONDO below the $1.07 support line, leading to a significant decline in its price. If this support is broken, ONDO could fall below $1.00, challenging the current bullish outlook. Retail investors’ ongoing support is crucial for ONDO’s price stability, as their decision to hold rather than sell has prevented a more severe price drop and increased the number of mid-term holders. The dominance of mid-term holders indicates that these investors are willing to hold onto their assets despite short-term market fluctuations.

Despite market crash, retail investors’ support helps keep ONDO’s price stable

ONDO crypto is currently holding just above the $1.08 support level, having tested this point three times in the last two weeks. Whales have been selling off large amounts of ONDO, with over $141 million worth sold in a single day.
However, retail investors are helping to stabilize the price by holding onto their tokens. Retail investors, focused on holding (HODLing) rather than selling, have increased their mid-term holdings, with the percentage of mid-term holders rising from 34% to 72%.
This shift in investor behavior has helped ONDO stay above the critical support level, leading to a period of price consolidation. Over the last two weeks, ONDO has consistently tested but not fallen below the $1.07 support level. Retail investors’ support suggests that ONDO’s price might remain stable and possibly rebound from this level.
However, the risk of a price drop persists if whales continue to sell. A further sell-off could push ONDO below the $1.07 support line, leading to a significant decline in its price. If this support is broken, ONDO could fall below $1.00, challenging the current bullish outlook.
Retail investors’ ongoing support is crucial for ONDO’s price stability, as their decision to hold rather than sell has prevented a more severe price drop and increased the number of mid-term holders. The dominance of mid-term holders indicates that these investors are willing to hold onto their assets despite short-term market fluctuations.
$BTC heading straight to $50k. What are your thoughts about this current market conditions?
$BTC heading straight to $50k. What are your thoughts about this current market conditions?
Looking for the Highest ROI Crypto? BlockDAG Notches 1300% Surge Amidst Stacks Price Climb and Tron As the market correction impacts major players, Stacks (STX) is surging while TRON outperforms Shiba Inu. Amid these developments, BlockDAG has become a top choice for investors. Its stellar presale, surpassing $55.4 million, highlights its potential as the highest ROI crypto. BlockDAG’s advanced crypto miners are driving its growth, promising returns up to 30,000x. This article compares Stacks, TRON, and BlockDAG, analyzing which offers the best investment potential. Stacks (STX) Surges with New Integrations Stacks (STX) surges, climbing 18.3% in the past 24 hours after integrating with the Pyth Network and launching the Pyth Oracle. This recent performance highlights Stacks’ commitment to enhancing Bitcoin by adding smart contracts and decentralized applications on its layer. Launched in January 2018, Stacks uses the Proof of Transfer consensus mechanism, settling all transactions on Bitcoin. The recent integration with Pyth provides over 300 real-time price feeds, aimed at boosting DeFi applications on Stacks. Pyth’s low-latency pull oracle design offers real-time data across 30 blockchains, now live on both testnet and mainnet for developers. This strategic move positions Stacks as a significant player in the DeFi space, attracting developers and investors alike. TRON vs Shiba Inu: TRX Climbs the Ranks TRON (TRX) has recently overtaken Shiba Inu (SHIB), securing a higher market position. With a market capitalization of $10.59 million, TRON outperforms SHIB by 3.7%. The TRON token operates on the TRC-20 network, which sees significant turnover of the popular stablecoin USDT. This shift demonstrates TRON’s increasing influence in the crypto space. TRON’s rise can be linked to its founder, Justin Sun, who has been actively buying Ethereum. In the past few days, Sun acquired 3,967 ETH, worth nearly $50 million, boosting TRON’s market dynamics. Additionally, an address linked to Sun withdrew another 1,449 ETH from Binance. The strategic actions of its founder are positioning TRON as a strong competitor, outperforming rivals like Shiba Inu. BlockDAG: The High ROI Crypto Opportunity BlockDAG’s presale has seen impressive growth, with its price surging from $0.001 to $0.014, marking a 1300% increase. This presale has raised over $55.4 million, reflecting strong investor interest. A key factor in BlockDAG’s potential to become the highest ROI crypto is its advanced mining rigs, which promise substantial returns for investors. The X10 miner is an efficient, home-friendly device with a compact size similar to a Wi-Fi extender. It offers a hash rate of 100 MH/s and can potentially mine 200 BDAG daily while operating quietly at 40 watts. This plug-and-play unit, supporting both Wi-Fi and Ethernet connections, is optimized for BlockDAG mining using advanced ASIC technology. For more demanding users, the X30 miner provides a significant upgrade with a 280 GH/s hash rate, tripling the efficiency of the X10 while maintaining a compact form. The X100 miner is the most powerful, offering a 2 TH/s hash rate and consuming 1800W, capable of earning up to 2,000 BDAG daily. These advanced mining solutions position BlockDAG as a strong contender for delivering exceptional returns. Key Insights Both Stacks and TRON offer unique strengths in the crypto market. Stacks (STX) surges by enhancing Bitcoin with smart contract capabilities, while TRON benefits from strategic acquisitions, highlighted in the TRON vs Shiba Inu comparison. However, BlockDAG’s presale performance, raising over $55.4 million, and advanced mining solutions, like the X100 miner with a 2 TH/s hash rate, position it as the highest ROI crypto. BlockDAG’s potential for 30,000x ROIs is driven by its innovative mining rigs, making it a compelling choice for investors seeking substantial returns. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Looking for the Highest ROI Crypto? BlockDAG Notches 1300% Surge Amidst Stacks Price Climb and Tron

As the market correction impacts major players, Stacks (STX) is surging while TRON outperforms Shiba Inu. Amid these developments, BlockDAG has become a top choice for investors. Its stellar presale, surpassing $55.4 million, highlights its potential as the highest ROI crypto. BlockDAG’s advanced crypto miners are driving its growth, promising returns up to 30,000x. This article compares Stacks, TRON, and BlockDAG, analyzing which offers the best investment potential.
Stacks (STX) Surges with New Integrations
Stacks (STX) surges, climbing 18.3% in the past 24 hours after integrating with the Pyth Network and launching the Pyth Oracle. This recent performance highlights Stacks’ commitment to enhancing Bitcoin by adding smart contracts and decentralized applications on its layer. Launched in January 2018, Stacks uses the Proof of Transfer consensus mechanism, settling all transactions on Bitcoin.

The recent integration with Pyth provides over 300 real-time price feeds, aimed at boosting DeFi applications on Stacks. Pyth’s low-latency pull oracle design offers real-time data across 30 blockchains, now live on both testnet and mainnet for developers. This strategic move positions Stacks as a significant player in the DeFi space, attracting developers and investors alike.
TRON vs Shiba Inu: TRX Climbs the Ranks
TRON (TRX) has recently overtaken Shiba Inu (SHIB), securing a higher market position. With a market capitalization of $10.59 million, TRON outperforms SHIB by 3.7%. The TRON token operates on the TRC-20 network, which sees significant turnover of the popular stablecoin USDT. This shift demonstrates TRON’s increasing influence in the crypto space.

TRON’s rise can be linked to its founder, Justin Sun, who has been actively buying Ethereum. In the past few days, Sun acquired 3,967 ETH, worth nearly $50 million, boosting TRON’s market dynamics. Additionally, an address linked to Sun withdrew another 1,449 ETH from Binance. The strategic actions of its founder are positioning TRON as a strong competitor, outperforming rivals like Shiba Inu.
BlockDAG: The High ROI Crypto Opportunity
BlockDAG’s presale has seen impressive growth, with its price surging from $0.001 to $0.014, marking a 1300% increase. This presale has raised over $55.4 million, reflecting strong investor interest. A key factor in BlockDAG’s potential to become the highest ROI crypto is its advanced mining rigs, which promise substantial returns for investors.

The X10 miner is an efficient, home-friendly device with a compact size similar to a Wi-Fi extender. It offers a hash rate of 100 MH/s and can potentially mine 200 BDAG daily while operating quietly at 40 watts. This plug-and-play unit, supporting both Wi-Fi and Ethernet connections, is optimized for BlockDAG mining using advanced ASIC technology.
For more demanding users, the X30 miner provides a significant upgrade with a 280 GH/s hash rate, tripling the efficiency of the X10 while maintaining a compact form. The X100 miner is the most powerful, offering a 2 TH/s hash rate and consuming 1800W, capable of earning up to 2,000 BDAG daily. These advanced mining solutions position BlockDAG as a strong contender for delivering exceptional returns.
Key Insights
Both Stacks and TRON offer unique strengths in the crypto market. Stacks (STX) surges by enhancing Bitcoin with smart contract capabilities, while TRON benefits from strategic acquisitions, highlighted in the TRON vs Shiba Inu comparison. However, BlockDAG’s presale performance, raising over $55.4 million, and advanced mining solutions, like the X100 miner with a 2 TH/s hash rate, position it as the highest ROI crypto. BlockDAG’s potential for 30,000x ROIs is driven by its innovative mining rigs, making it a compelling choice for investors seeking substantial returns.

Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Market Blues: Bitcoin Plunge Drags Ethereum Down, Investors Pivot to Emerging OpportunitiesIn a whirlwind 24 hours, the cryptocurrency market experienced a staggering sell-off, culminating in $208 million in liquidations. Bitcoin, the market’s heavyweight, tumbled below the $60,000 mark, leading to the liquidation of 74,000 predominantly long position traders. Ethereum was not spared, with $55.5 million liquidated amidst the turmoil. The catalysts behind this market turbulence include U.S. monetary policies, geopolitical tensions, and the looming U.S. presidential election. Despite the setbacks, analysts predict long-term recovery prospects, especially with upcoming innovations like Ethereum’s anticipated spot ETFs.  However, with both BTC and ETH down approximately 12% over the past 30 days, the current market lacks the momentum needed for substantial growth. This stagnation has turned investors’ eyes towards new projects with significant growth potential, such as CYBRO, which are in high demand in today’s volatile market landscape. What is CYBRO? CYBRO is the next-generation DeFi platform that provides the most lucrative and secure earning experience to any investor profile, from newbies to seasoned professionals. Currently, the project is in its presale stage, which is growing by leaps and bounds, even as traditional crypto stalwarts decline. CYBRO has already raised nearly $1 million, and it is even rumored that an ETH whale bagged a hefty scoop of CYBRO tokens, lured by presale benefits. So, why is CYBRO gaining momentum so fast that even big-shot investors can’t stay aside? Let’s break down its success secrets. What Does Investing in CYBRO Presale Mean Today? In a short period of time, CYBRO managed to attract over 4,000 investors to its token presale, building a vibrant and loyal community from the ground up. As of today, more than 25 million CYBRO tokens, priced at just $0.025, have been snapped up at an appealing 58% discount. This means that those buying early are eligible to receive an impressive 140% ROI, as after the TGE, $CYBRO will enter exchanges with a listing price of $0.06. CYBRO’s presale offer is limited, with only 21.5% of the token supply available for purchase at this stage. Extra Presale Perks Entice Big Investors Notably, in an effort to empower presale participants and enhance their returns, CYBRO has launched a special referral program. It enables a 12% commission on direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Whereas, all referees receive double CYBRO Points on their first deposit when using the referral code. The referral program will be active until July 15, with rewards distributed weekly in USDT. Additionally, those investing at least $1,000 in CYBRO during the presale will unlock weekly Ethereum (ETH) rewards, available for withdrawal right after the TGE. It comes as no surprise that this tempting offer has caught the attention of an ETH whale, who has started accumulating CYBRO tokens to secure their stake in this promising project. << Become An Early Investment Today to Make A Fortune Tomorrow >> What Makes CYBRO a Crypto Whales’ Favorite? CYBRO positions itself as a DeFi yield aggregator platform powered by state-of-the-art AI tools. It is built upon Blast, the only Layer-2 solution that provides native yield for ETH and stablecoins, and helps investors make the most of this blockchain’s unique features. CYBRO boosts crypto growth through diverse vault investments within the Blast ecosystem and beyond, encompassing strategies from conservative to high-yield. Think of it as a one-stop marketplace gathering the most profitable and secure tools for effortless earnings in DeFi. When reviewing CYBRO, market researchers highlight several distinctive features and complementary factors that underscore the project’s bright prospects: AI-based innovations and intuitive design. CYBRO uses AI to build investor portfolios based on user preferences and risk profiles. It has a simple and transparent interface, bolstered by seamless crypto purchases and withdrawals. CYBRO’s 2024-2025 roadmap aligns with its commitment to developing a user-centric platform. Upcoming features include AIBroker, a chatbot for investing in suitable assets, and One-Click Investment, which enhances yield through seamless DeFi and CeFi integration.Transparency and robust security measures. CYBRO has undergone two comprehensive security audits from Assure DeFi and Certik. The latter has awarded CYBRO a security score above 81, placing it among the top 50 most reliable pre-launch projects. Listings on Blast Explorer and CoinGecko have further increased CYBRO’s market visibility. Notably, the team promotes transparency with monthly governance reports and ensures platform integrity through a Bug Bounty program, with a $25,000 reserve for security vulnerability reports.CYBRO token’s utility. $CYBRO serves as both the governance and utility token of its parent platform. Apart from making its holders eligible for governance votes, $CYBRO unlocks multiple user benefits, such as earning interest through staking and taking part in a forthcoming airdrop. Other perks include cashback in $CYBRO for using the platform, discounted trading and lending fees, and access to the Insurance Program, designed to safeguard user investments against shortfalls.Highly engaged community. CYBRO regularly updates its 15,000-strong fanbase through various social media channels, including X, Discord, and Telegram, ensuring that users are always in the loop about upcoming developments and milestones. It also has regular community incentives, giving members the chance to win free tokens. The platform’s tokenomics has allocated 5% of the total 1 million $CYBRO supply specifically to reward the most active users.Bullish expert forecasts. The growing optimism surrounding CYBRO also stems from endorsements by prominent crypto analysts. Experts forecast a staggering 1,200% ROI for $CYBRO, with predictions driven by a genuine belief in the project’s imminent increase following exchange listings. As a result, the platform is experiencing a surge in interest and investment. Conclusion Scheduled for release in June, CYBRO is poised to make a significant impact in the DeFi space with its advanced AI technologies and user-centric approach. The project has attracted notable attention from an ETH whale, garnered strong community support, received expert accolades, and implemented robust security measures. For investors seeking high-growth opportunities, the CYBRO presale offers a unique chance for substantial returns, with early adopters potentially benefiting greatly. As always, conduct thorough research and assess your risk tolerance before investing. Site: https://cybro.io/ Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Market Blues: Bitcoin Plunge Drags Ethereum Down, Investors Pivot to Emerging Opportunities

In a whirlwind 24 hours, the cryptocurrency market experienced a staggering sell-off, culminating in $208 million in liquidations. Bitcoin, the market’s heavyweight, tumbled below the $60,000 mark, leading to the liquidation of 74,000 predominantly long position traders. Ethereum was not spared, with $55.5 million liquidated amidst the turmoil. The catalysts behind this market turbulence include U.S. monetary policies, geopolitical tensions, and the looming U.S. presidential election. Despite the setbacks, analysts predict long-term recovery prospects, especially with upcoming innovations like Ethereum’s anticipated spot ETFs. 
However, with both BTC and ETH down approximately 12% over the past 30 days, the current market lacks the momentum needed for substantial growth. This stagnation has turned investors’ eyes towards new projects with significant growth potential, such as CYBRO, which are in high demand in today’s volatile market landscape.
What is CYBRO?
CYBRO is the next-generation DeFi platform that provides the most lucrative and secure earning experience to any investor profile, from newbies to seasoned professionals. Currently, the project is in its presale stage, which is growing by leaps and bounds, even as traditional crypto stalwarts decline. CYBRO has already raised nearly $1 million, and it is even rumored that an ETH whale bagged a hefty scoop of CYBRO tokens, lured by presale benefits.
So, why is CYBRO gaining momentum so fast that even big-shot investors can’t stay aside? Let’s break down its success secrets.
What Does Investing in CYBRO Presale Mean Today?
In a short period of time, CYBRO managed to attract over 4,000 investors to its token presale, building a vibrant and loyal community from the ground up. As of today, more than 25 million CYBRO tokens, priced at just $0.025, have been snapped up at an appealing 58% discount. This means that those buying early are eligible to receive an impressive 140% ROI, as after the TGE, $CYBRO will enter exchanges with a listing price of $0.06.
CYBRO’s presale offer is limited, with only 21.5% of the token supply available for purchase at this stage.
Extra Presale Perks Entice Big Investors
Notably, in an effort to empower presale participants and enhance their returns, CYBRO has launched a special referral program. It enables a 12% commission on direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Whereas, all referees receive double CYBRO Points on their first deposit when using the referral code. The referral program will be active until July 15, with rewards distributed weekly in USDT.
Additionally, those investing at least $1,000 in CYBRO during the presale will unlock weekly Ethereum (ETH) rewards, available for withdrawal right after the TGE. It comes as no surprise that this tempting offer has caught the attention of an ETH whale, who has started accumulating CYBRO tokens to secure their stake in this promising project.
<< Become An Early Investment Today to Make A Fortune Tomorrow >>
What Makes CYBRO a Crypto Whales’ Favorite?
CYBRO positions itself as a DeFi yield aggregator platform powered by state-of-the-art AI tools. It is built upon Blast, the only Layer-2 solution that provides native yield for ETH and stablecoins, and helps investors make the most of this blockchain’s unique features. CYBRO boosts crypto growth through diverse vault investments within the Blast ecosystem and beyond, encompassing strategies from conservative to high-yield. Think of it as a one-stop marketplace gathering the most profitable and secure tools for effortless earnings in DeFi.
When reviewing CYBRO, market researchers highlight several distinctive features and complementary factors that underscore the project’s bright prospects:
AI-based innovations and intuitive design. CYBRO uses AI to build investor portfolios based on user preferences and risk profiles. It has a simple and transparent interface, bolstered by seamless crypto purchases and withdrawals. CYBRO’s 2024-2025 roadmap aligns with its commitment to developing a user-centric platform. Upcoming features include AIBroker, a chatbot for investing in suitable assets, and One-Click Investment, which enhances yield through seamless DeFi and CeFi integration.Transparency and robust security measures. CYBRO has undergone two comprehensive security audits from Assure DeFi and Certik. The latter has awarded CYBRO a security score above 81, placing it among the top 50 most reliable pre-launch projects. Listings on Blast Explorer and CoinGecko have further increased CYBRO’s market visibility. Notably, the team promotes transparency with monthly governance reports and ensures platform integrity through a Bug Bounty program, with a $25,000 reserve for security vulnerability reports.CYBRO token’s utility. $CYBRO serves as both the governance and utility token of its parent platform. Apart from making its holders eligible for governance votes, $CYBRO unlocks multiple user benefits, such as earning interest through staking and taking part in a forthcoming airdrop. Other perks include cashback in $CYBRO for using the platform, discounted trading and lending fees, and access to the Insurance Program, designed to safeguard user investments against shortfalls.Highly engaged community. CYBRO regularly updates its 15,000-strong fanbase through various social media channels, including X, Discord, and Telegram, ensuring that users are always in the loop about upcoming developments and milestones. It also has regular community incentives, giving members the chance to win free tokens. The platform’s tokenomics has allocated 5% of the total 1 million $CYBRO supply specifically to reward the most active users.Bullish expert forecasts. The growing optimism surrounding CYBRO also stems from endorsements by prominent crypto analysts. Experts forecast a staggering 1,200% ROI for $CYBRO, with predictions driven by a genuine belief in the project’s imminent increase following exchange listings. As a result, the platform is experiencing a surge in interest and investment.
Conclusion
Scheduled for release in June, CYBRO is poised to make a significant impact in the DeFi space with its advanced AI technologies and user-centric approach. The project has attracted notable attention from an ETH whale, garnered strong community support, received expert accolades, and implemented robust security measures. For investors seeking high-growth opportunities, the CYBRO presale offers a unique chance for substantial returns, with early adopters potentially benefiting greatly. As always, conduct thorough research and assess your risk tolerance before investing.
Site: https://cybro.io/
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io

Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Binance to Delist Several Spot Trading Pairs on July 5th, 2024Binance, the leading global cryptocurrency exchange, announced today the upcoming delisting of several spot trading pairs. The move, effective on July 5th, 2024 at 3:00 UTC, aims to maintain a high-quality trading market for its users. The tokens affected by the delisting include: AI/TUSDBTC/AEURCHR/BNBETH/AEURGAS/FDUSDLQTY/FDUSD Binance assures users that the delisting only affects the specific trading pairs mentioned. The underlying tokens (AI, BTC, CHR, ETH, GAS, LQTY) will still be available for trading on Binance Spot through other pairings. The announcement also highlights the termination of Spot Trading Bots services for the delisted pairs at the same time (July 5th, 2024, 3:00 UTC). Users who utilize these bots for the affected pairs are urged to update or cancel them before the deadline to avoid potential losses.

Binance to Delist Several Spot Trading Pairs on July 5th, 2024

Binance, the leading global cryptocurrency exchange, announced today the upcoming delisting of several spot trading pairs. The move, effective on July 5th, 2024 at 3:00 UTC, aims to maintain a high-quality trading market for its users.
The tokens affected by the delisting include:
AI/TUSDBTC/AEURCHR/BNBETH/AEURGAS/FDUSDLQTY/FDUSD
Binance assures users that the delisting only affects the specific trading pairs mentioned. The underlying tokens (AI, BTC, CHR, ETH, GAS, LQTY) will still be available for trading on Binance Spot through other pairings.
The announcement also highlights the termination of Spot Trading Bots services for the delisted pairs at the same time (July 5th, 2024, 3:00 UTC). Users who utilize these bots for the affected pairs are urged to update or cancel them before the deadline to avoid potential losses.
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